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that we should go back to the rates that we had when bill clinton was president. i want to reform the tax codes so that it's simple, fair, and asks the wealthiest households to pay taxes on incomes over $250,000. the same rate we had when bill clinton was president. we have to ask you and me and the wealthiest among us to go back to the clinton rates for income above $250,000. >> the clinton tax rates, we need to go back to the clinton tax rates. that's not a generic policy idea. that's really specific. the clinton tax rate for high income earners was 39.6%. that's what president obama was calling for during the campaign. that's still what president obama is calling for now. but now when you ask him if that's the red line, if you ask if he will accept anything else, he doesn't really answer. >> tax rates. are you -- is there no deal at the end of the year if tax rates for the top 2% aren't the clinton tax rates, period. no ifs, ands or buts, any room to negotiate, on that specific aspect of the fiscal cliff. >> with respect to the tax rates, i want to emphasize, i am open to new ideas. i'
the federal budget deficit. he knows something about something. he was around when clinton -- remember that economy? okay. he said i wish president obama and the democrats would explain to the nation the federal budget deficit isn't the major problem and deficit reduction shouldn't be the major goal. problem is lack of good jobs and the goal must to be revive both. deficit reduction leads us away from jobs and growth. the reason the fiscal cliff is dangerous is because it's too much deficit reduction too quickly that would suck demand out of the economy. more jobs and growth will help the deficit. recall the '90s when the clinton administration balanced the budget because of faster job growth than anybody expected bringing in more tax revenues than anyone had forecast. europe offers the same lesson in reverse. thank you. as jim says, every time we talk about this, they keep taking the wrong -- lindsey graham said we're going to be greece. yeah, if we do what you want! the best way to generate jobs and growth is
, like forever. four days ago we offered a serious proposal, based on testimony of president clinton's former chief of staff. since then, there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the cliff. instead of cutting spending, the president want to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. listen, washington has a spending problem, not a revenue problem. and if the president doesn't agree with our proposal, i believe he has an obligation to families and small businesses, to offer a plan of his own, a plan that can pass both chambers of the congress. we're ready and eager to talk to the president about such a plan. >> speaker, you spoke with the president earlier this week. can you characterize this call? if he called, did he have any kind of counteroffer? and also, we understand that he's just making clear that it's got to be
. however, i think if we fall to the clinton era tax rates, i'm okay with that. i think that e we ought to have some wiggle room on the tax rates because i think the country wants us to compromise. so there's compromise space there, but make no mistake, we're not going to compromise away the upper end tax rates. that's on the table. it will stay on the table. that's what the american people are asking for. >> congressman, great to have you with us tonight on "the ed show." appreciate your time. remember to answer tonight's question. share your thoughts on twitter and on facebook. we always encourage you and want to know what you think. >>> coming up, mitch mcconnell filibusters his own bill in the senate. bernie sanders joins us to talk about what that means for the future. >>> and fiscal cliff talks. stay with us. you're watching "the ed show" on >>> unemployment hits a four had-year low, but republican obstruction is keeping the country from creates more jobs. we'll bring you the latest numbers and i'll ask david cay johnston why now is the time to focus on job creation. >>> and the s
on the people $250,000 and up to what they were under bill clinton. 600,000 new businesses were started, god forbid that should happen again. but the groundhog day element of this stephanie, is this. last year at this time, the president wanted to extent the payroll tax cut. the republicans stamped their feet and wanted tax cut for the wealthy. and the president stood his ground and they undid this by unanimous consent right before christmas. that's what is going to happen this time. >> stephanie: again, they say the president is not being clear. >> obama: just to be clear, i'm not going to sign any package that presents rates going up for folks at the top 2%. >> he wasn't clear enough. he didn't say which country. [ laughter ] >> he has to be much more precise. >> stephanie: jay carney excooed it again. >> a deal by republicans that rates on the top 2% the wealthiest americans, have to rise. there is no deal without that acknowledgment, and without a concrete mathematically sound proposal. >> stephanie: oh my god, i'm reading the chyron right now. the white house has on
out there is no evidence to show that higher taxes or an impediment to growth. look at the clinton years versus the bush years that came after and see that difference. >> rana, always great to have you here. chris thank you as well. >> thank you. >>> yet another sign that washington can't work together, though, a u.n. treaty that would globally ban discrimination against people with disabilities came up for a vote in the senate yesterday and it failed, even though it was modeled on u.s. law, the americans with disabilities act, and that's in spite of it already being ratified by 126 other countries and in spite of the support of former republican senator bob dole who made this rare appearance on the senate floor in a wheelchair. senator's john mccain and john kerry made an emotional plea for the senate to work together. >> he's here because he wants to know that when a disabled american veteran, our wounded warriors travel overseas that they're treated with the same dignity and respect. >> to bob it's unthinkable that americans could not get over a curb or enter a school building o
Search Results 0 to 9 of about 10 (some duplicates have been removed)